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Monday, July 21, 2025
TopicImport taxes

Topic: Import taxes

Trump’s executive order doubling tariffs on steel, aluminium imports comes into effect

White House economic adviser Kevin Hassett says thorough study of data revealed the need to push for tariffs from 25% to 50%.

‘No tariffs if Canada joined US’: Trump renews offer of making Canada 51st state of US

The remarks came after Trudeau's resignation. The US President-elect plans to impose 25% tax on Canadian imports.

Canada finance minister quits after clash with Trudeau over Trump tariffs, spending

Chrystia Freeland dismissed Trudeau’s push for increased spending as a political gimmick that could hurt Ottawa’s ability to deal with the 25% import tariffs U.S. President-elect Donald Trump says he will impose.

Tax iPhones, don’t raise interest rates to support rupee, says Modi’s advisor

PM’s Economic Advisory Council member Rathin Roy says imports of iPhones & spending on foreign education has gone up.

On Camera

India’s TRP ecosystem needs a reset. Time to end BARC monopoly

A ratings monopoly in India has led to lack of technological variation, resulting in sluggish systems detached from market dynamics.

India-US set to ink mini trade deal soon, reach understanding on agricultural & dairy products

Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.

Not just AK-203, India & Russia to jointly manufacture AK-19 and PPK-20 for domestic use and export 

India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.

Strategic partner one day, tactical nightmare the next: India’s learning Trumplomacy the hard way

Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.